The Global Wireless Mesh Network Market Size is Expected to Grow from USD 3.89 Billion in 2017 to USD 7.44 Billion By 2022, at a CAGR of 13.8%

The growing adoption of smart connected devices across various industry verticals, rapid demand in bandwidth requirement, and reduction in cost of connected devices are some of the factors driving the wireless mesh network market. Need for consistent and stable network is one of the biggest and most important reasons that is resulting in the growth of wireless mesh network market. However, data security and privacy concerns are said to be the major restraining factor for the growth of this market.

The ad-hoc mesh network design is a peer-to-peer network where end stations function as routing nodes. This network is created as per the need without requirement of a prior complex network design and planning. In ad-hoc network design when access points come in a range, they automatically identify themselves and set up links to each other to form a network. Each access point in the network is in communication with various access points and could route traffic between any different access points on the network.

The 2.4 GHz band is used by microwaves, Wi-Fi, Bluetooth devices, cordless phones, and other wireless devices. It is a relatively short wavelength permit signal that can easily navigate obstructions. By leveraging wave characteristics, the wireless devices in this network can transmit large amounts of data rapidly, making the 2.4 GHz band faster and less susceptible to interference.

North America is expected to hold the largest market share in the wireless mesh network market during the forecast period. The adoption of Internet of Things (IoT) across various industry verticals is driving the wireless mesh network market in this region. For instance, since 2012, the US has been incorporating smart solutions into industries, such as energy and utilities, industrial automation, intelligent buildings and infrastructure, and public safety. Most of the smart city projects in the US are near completion; thus, the country is expected to witness a low growth rate in the smart cities space in the years to come.